Esel Pty Ltd formerly trading as Mwave - Voluntary Administration

Esel Pty Ltd formerly trading as Mwave, an online tech retailer, entered voluntary administration on 13 June, with Antony Resnick and Henry Kwok of dVT Group appointed as voluntary administrators.

The company was founded in 2006 and has developed a loyal customer base of PC builders, gamers and others, receiving industry awards and accolades as recently as 2023.

Mwave has not commented on the administration, but has reportedly been acquired by Sydney-based DigiDirect Group, which has taken on all of Mwave’s 100 employees and agreed to honour warranties, gift cards and unfulfilled orders.